House Republicans are renewing efforts to introduce a national sales tax and abolish the Internal Revenue Service (IRS), framing the measure as a way to ensure illegal immigrants contribute taxes. Representative Buddy Carter (R-GA) will unveil the FairTax Act of 2025 on Thursday, a bill designed to overhaul the U.S. tax system by replacing the federal income tax with a 23% national sales tax.
Los Angeles Mayor Karen Bass is under fire for her absence during the city’s battle with catastrophic wildfires fueled by unprecedented windstorms. The mayor was in Ghana on a taxpayer-funded delegation to attend the inauguration of Ghanaian President John Dramani Mahama as fires ravaged the city and forced over 80,000 residents to evacuate.
When a threat was reported in the River Rouge School District, authorities quickly took action to ensure the safety of the community. Police believe they have identified the student responsible, but the district decided to shut down operations as a precaution.
U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.
Exxon Mobil Corp. filed a lawsuit against California Attorney General Rob Bonta and several environmental groups, alleging that Bonta and the groups organized a defamation campaign against its plastic recycling efforts.
Investor Kevin O'Leary announced that he partnered with an initiative seeking to acquire TikTok. The announcement comes as the social media platform is set to be banned across the United States later this month.
President-elect Donald Trump filed an emergency request with the U.S. Supreme Court on Wednesday to halt a sentencing hearing in New York, arguing it would disrupt the presidential transition and harm national security. Trump’s defense team contends the sentencing, scheduled for Friday, undermines the institution of the presidency just days before his January 20 inauguration.
World Wrestling Entertainment (WWE) announced Monday that its iconic "Royal Rumble" event will be held in Riyadh, Saudi Arabia, in January 2026. This decision marks the first time the marquee premium live event will take place outside of North America, sparking disappointment among fans who view the Royal Rumble as a distinctly American tradition.
Former Illinois House Speaker Michael Madigan, once one of the most powerful figures in state politics, took the stand this week to testify in his own defense during his federal corruption trial.
